Oleksandr Buryak and Serhiy Buryak each became owners of 25% shares in PJSC Brokbiznes Insurance Company (Kyiv), according to information posted in the database of the National Securities and Stock Market Commission.
In addition, it is noted that Sergei Buryak did not previously own shares of the company, Alexander Buryak was the owner of 0.002723%.
As reported, IC Brokbusiness has been operating on the Ukrainian insurance market for more than 25 years and is represented in all regions of Ukraine. The insurer has 39 licenses for voluntary and compulsory types of insurance.
In January-June 2022, the company collected UAH 120.14 million in gross premiums, which is 3.46% more than in the same period a year earlier, made insurance payments and indemnities for UAH 29.56 million, which is 33.16% less than for the same period in 2021, and the level of payments decreased by 13.48 p.p. and amounted to 24.61%.
The equity capital of the company as of June 30 increased by 48.29% – up to UAH 135.85 million, while its gross liabilities decreased by 13.07% and amounted to UAH 121.25 million. As a result, there was an increase in the level of coverage of the insurer’s obligations by equity capital by 46.36 percentage points. Therefore, as of the beginning of the second half of 2022, equity covered 112.04% of the company’s liabilities. The volume of cash and cash equivalents amounted to UAH 117.99 million, an increase of 17.15%.
According to the results of the first half of 2022, compared to the first half of 2021, the insurer’s operating profit increased 14 times – to UAH 46.22 million, and its net profit increased almost 29 times – to UAH 44.53 million.
